Back to News
Dec 11, 2025 12:00 AM

SSC Security Services Corp. Concludes FY2025 and Q4 with Stronger Margins and Increased Adjusted EBITDA per Share

REGINA, SK, Dec. 10, 2025 /CNW/ - SSC Security Services Corp. ("SSC" or the "Company") (TSXV:SECU) (OTCQX:SECUF), a national provider of cyber, physical and electronic security services to commercial, industrial and public sector clients across Canada, is pleased to release its results for the fourth quarter and year end for the 2025 fiscal year ended September 30, 2025. All figures are presented in Canadian dollars. 

"The story of SSC remains one of steady, consistent—some might even say predictable—growth. Our continued focus on profitability has driven margin improvement this year, which is an important indicator for our business. Our commitment to disciplined M&A, share buybacks, and thoughtful capital allocation remains unchanged. Over the long term, this approach will continue to build a strong and resilient company for our shareholders," said Chairman and CEO Doug Emsley.

FY2025 HIGHLIGHTS

Continued Margin Improvement - The fiscal year gross profit is $20.0 million (16.8% margin), up from $19.2 million (15.9%) in the prior year. Gross profit for Q4 2025 was $5.5 million (16.9%), up 12.2% from $4.9 million (16.4%) in the same quarter last year.

Revenue Growth - Revenues for the fiscal year ended September 30, 2025 were $119.4 million, consistent with the $120.6 million during the previous fiscal year ended September 30, 2024. The Company generated $32.4 million in revenue for Q4 2025, up 9.3% from $29.6 million in the prior-year fourth quarter.

Improved Adjusted EBITDA - Adjusted EBITDA for the year was $5.7 million ($0.31 per share), up from $5.0 million ($0.26 per share) during the prior year. Adjusted EBITDA in Q4 2025 was $2.0 million ($0.11 per share), as compared to $1.2 million ($0.06 per share) during the same fourth quarter last year.

Continued NCIB Share Buybacks - During the year SSC bought back 439,200 shares of the Company at an average price of $2.54 per share.

36th Consecutive Quarterly Dividend Paid - During the quarter we paid $0.03 per share in dividends to shareholders.

We finished the year ended September 30, 2025 with:

Cash and cash equivalents of $11.3 million equal to $0.62 per share;

Working capital of $25.3 million;

Total shareholders' equity of $61.4 million; and

No debt.

Key Performance Indicators for the comparable periods are summarized below:

Key Performance Indicators

Quarter ended

Sept 30

Fiscal Year ended

Sept 30

(All amounts are in thousands of Canadian dollars unless otherwise indicated)

2025

2024

2023

2025

2024

2023

Revenue

32,368

29,612

29,291

119,416

120,623

109,055

Cost of sales

26,891

24,748

25,283

99,386

101,415

92,805

Gross margin

5,477

4,864

4,008

20,030

19,208

16,250

Gross margin (%)

16.9 %

16.4 %

13.7 %

16.8 %

15.9 %

14.9 %